National Republican., 1887-03-25
A BULLIsH MARKET.
The Close Records tho Highest Prices
of tho Day.


New YORK, Mar. 2i.-The bullish feel
ing was more pronounced to-day on the
street and the market exhibited greater
degree Of animation than II has shown for
over week past. A notable feature was the
increased interest manifested In the usual
leaders Of the speculation, although several
Of the specialties became prominent during
the day. The foreigners did little or moth.
ing, although the markets on the other side
were firm to strong. Pacific Mail became
one OF the special features, being very
strong on an increased business. The con-
fdent feeling In the stock arises from the
belief that the new railroad rates under the
interstate law will be practically prohibi..
tory. A rumor that the trans continental
roads were seeking settlement with the
company also induced considerable buy
ing.
The forenoon was quiet but firm on an
increasing volume OF business which before
the close developed into moderately active
market. The ADVANCE in sterling exchange
rates were taken no advantage Of, and its
effect was neutraliZed by the decrease in
Bank Of England rate Of discount and the
low rates for money prevailing In the
European market. The market was firm
at the opening this morning, but extremely
dull and uninteresting. Prices were firm
to strong, and few Of the specialties be.
came prominent for the strength displayed.
Toward noon there was more activity but
no decided movement in anything. Later
the usually active stocks showed more
animation, and the coal stocks and grangers
became particularly strong and active.
Some little hesitation was shown toward 2
p. m, but the close was moderately active
and strong at about the best prices Of the
day.
Monoy on oo, bo haan aaav r,nuino from
to 81, last loan at a, and closing offered
at a. Sterling exchange Is quiet but
firm. Actual business at 4S5 to 4S5i for 60.
day bills and 4Sii to 4S1l for demand.
Poeted rates 4S6 to 1884. Goyornment
bonds have been dull and barely steady.
Railroad bonds have been dull and gem
efally firm. State bonds have been dull and
steady. -
Treasury balances - Coin, S135. .094 ;65i;
currency, sls,160, 754.
The following were the closing bid quo
tations
;,s9 A. Il! p SGpp ~ lo9; g fSG ,,l e' Of
1851; do 4s, 101; Tenn. settlem't 6s. 1867;
do. 6s. 103IS; Va; Gs, IS; do, consuls x N. u,
52h: Tenn. ,settemt ss, e; Cent'l Pac;, lst,
Noifttbern Tac. lst, il7iz; do. ~, io7H; North.
western cons, l30; do. dtbenture, 10Sh; St. L.
s, San Fran, llq; s, Pau! Ice Cons 1s9
81. IL, Cnl go " fdc lst, llol2i ooutn fhc' ISL,
1l311;T. p. r. G. d G., "a; Union Pac. 1st, ZIG;
West Shore, 1927; Adams Express, 1i3; Alton
4 T. H.. 20; do. preferred. s0 American
Ex., 109 Bos Air L. pref, 90; B. @. & II. N, 45;
Can. Southern, 5sls; Canton, 50; Cen. Pac.
do. pref. leo; G. D. 4 1857; Cleve'd & Col.
69 Con. Coal, %: Del. & IIud,, 10l1a; Del. d l. ,
| 1856; Denver & X. G., 2S; Erie, 331I; do. pref,
| 7234; Fort Wayne. .14i1a; Harlem, 2l6;
| Hous. d Tex, 80; ILL., Cen. 100: Kaus. &
| Texas. 3l13; L. Il. Il W. 16; Lake Shore,
| 9bIa; Lul. & NASH, 8i2S: MARI. & Con-, 1885, NJ.
| & Chat, Sc: Met L., 202 Mich. Cen, 90; Mo.
Pac., l0694 Mob. & o., 1879; Man. & T., 1914; N.
Chat. S3I N. J.. Central, II; MIX. & W. pref,
| 4slS; Northern Pac., 2794; do. pref. 50; North
western, 11s1d; do. pref, 1l61a; N. Y. Central,
| 1l21s; Chicago Il st. L., l79f; do. pref. 30 "a;
| Ohio 4 Miss, 2s5s: do pref, 9o; Or. Nay, 90;
| Pao. Mail, 56 Pittsburg. ISL; Reading, sSla;
BiSn nan YossA sAAssg g Rcs 4 a. Dsn Dan lg}
LIST pref. 1lb st. Paul, 9O9s ex. div; do. pref,
| 11S14, eX. div; st. Paul " o., sos; do pref,
III; Tex. Pac. 20; Union Pac., 577E: U. s. X
62: Wab. Pac, IS; do. pref, 1913; Wells Far,
| 127; W. Union, 76l4; Tenn. Coal & Iron, i5la:
Cotton Oil Trust, 5lA; Quicksilver, GN; do.
| pref, 80.
straYn ana PROVISIONS.
Following Is the range Of prices in the Chicago
market, furnished by b. X. Plain q Co., Bt. CLOUD
| Building, corner Of Ninth and II streets.
Wheat Oppg. High. Low, ClsV